Endeavour Silver Corp. (NYSE:EXK) Shares Sold by Guggenheim Capital LLC

by · The Cerbat Gem

Guggenheim Capital LLC lowered its stake in shares of Endeavour Silver Corp. (NYSE:EXK – Free Report) (TSE:EDR) by 8.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 299,461 shares of the mining company’s stock after selling 26,328 shares during the quarter. Guggenheim Capital LLC owned about 0.11% of Endeavour Silver worth $1,096,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. LPL Financial LLC boosted its holdings in shares of Endeavour Silver by 1.0% in the 4th quarter. LPL Financial LLC now owns 282,520 shares of the mining company’s stock valued at $1,034,000 after purchasing an additional 2,661 shares during the last quarter. Swiss National Bank raised its position in shares of Endeavour Silver by 2.1% in the 4th quarter. Swiss National Bank now owns 485,900 shares of the mining company’s stock worth $1,781,000 after buying an additional 9,800 shares during the period. Alpha Cubed Investments LLC acquired a new position in Endeavour Silver in the fourth quarter valued at $37,000. Schroder Investment Management Group purchased a new stake in Endeavour Silver during the fourth quarter valued at about $36,000. Finally, Geode Capital Management LLC raised its holdings in shares of Endeavour Silver by 9.9% in the 3rd quarter. Geode Capital Management LLC now owns 116,853 shares of the mining company’s stock worth $460,000 after purchasing an additional 10,543 shares during the period. 20.06% of the stock is owned by institutional investors and hedge funds.

Endeavour Silver Stock Performance

NYSE:EXK opened at $3.53 on Wednesday. Endeavour Silver Corp. has a 1-year low of $2.46 and a 1-year high of $5.67. The stock has a market cap of $965.58 million, a P/E ratio of -27.12 and a beta of 1.47. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.39 and a quick ratio of 1.07. The firm has a 50-day moving average of $4.02 and a two-hundred day moving average of $4.14.

Endeavour Silver (NYSE:EXK – Get Free Report) (TSE:EDR) last announced its quarterly earnings data on Tuesday, March 11th. The mining company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.01) by $0.03. The firm had revenue of $42.20 million for the quarter, compared to analysts’ expectations of $69.90 million. Endeavour Silver had a positive return on equity of 0.97% and a negative net margin of 13.04%. On average, research analysts expect that Endeavour Silver Corp. will post -0.07 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Alliance Global Partners reaffirmed a “buy” rating on shares of Endeavour Silver in a research report on Wednesday, March 12th. StockNews.com upgraded shares of Endeavour Silver to a “sell” rating in a report on Friday, February 28th. HC Wainwright reiterated a “buy” rating and issued a $7.25 price target on shares of Endeavour Silver in a report on Thursday, April 10th. Raymond James started coverage on Endeavour Silver in a research note on Friday, March 21st. They set an “outperform” rating on the stock. Finally, TD Securities raised Endeavour Silver to a “strong-buy” rating in a research report on Monday, March 10th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $6.63.

Check Out Our Latest Report on Endeavour Silver

Endeavour Silver Profile

(Free Report)

Endeavour Silver Corp., a silver mining company, engages in the acquisition, exploration, development, extraction, processing, refining, and reclamation of mineral properties in Chile and the United States. It explores for gold and silver deposits, and precious metals. The company was formerly known as Endeavour Gold Corp.

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